Two River was founded in September 2004 by partners Joshua Kazam, Peter Kash, David Tanen, and Benjamin Bernstein. Dr.
Arie Belldegrun joined the firm in 2008 as its
Chairman and Partner.[3]
Breakthrough Properties - a life science real estate development company
Hubble - a brand of contact lenses sold directly to consumers through an e-commerce, subscription-only model.
Kronos Bio - a research and development of therapies that modulate historically recalcitrant cancer targets.
Neogene Therapeutics - a biomedical company developing T cell therapies that target mutated proteins (neo-antigens) in cancer.
UroGen Pharma - a clinical-stage pharmaceutical company developing therapies with a focus on euro-oncology.
Past holdings:
Arno Therapeutics - a clinical-stage bio-pharmaceutical company that is developing products for the treatment of cancer.
Capricor Therapeutics - a clinical stage biotechnology company developing biological therapies for cardiac and other serious medical conditions.
Cell Design Labs (acquired by
Gilead Sciences) - a private bio-therapeutics company
Edgemont Pharmaceuticals - a privately held pharmaceutical company in the field of neuroscience.
Kite Pharma (acquired by Gilead Sciences) - ac linical-stage biopharmaceutical company focused on developing engineered autologous cell therapy products for the treatment of cancer.
Sienna Biopharmaceuticals - discovery, clinical development and commercialization of products in dermatology and aesthetics
Velcera (acquired by
Perrigo) - develops pet medicines in pain management, anti-allergy and parasiticides
Veterinary Prime - pet nutrition products for dogs and cats, sold through veterinarians.
In October 2013, Arno Therapeutics completed a $30.7 million financing of equity.[6]
In November 2013, Nile Therapeutics completed a
merger with Capricor to form Capricor Therapeutics. Capricor has become a wholly owned
subsidiary of the Nile.[7]
In February 2014, Velcera was acquired by Perrigo for $160 million.[8]
In April 2014, Kite Pharma completed a $50 million
mezzanineprivate financing of
convertible notes,[9] and in May, the company filed a registration with the
SEC for an
IPO of its
common stock, with a proposed maximum offering price of $115 million. The company listed on the
NASDAQ Global Market under the symbol "KITE."[10] The company planned to raise $78 million by offering 6 million shares at a price range of $12.00 to $14.00. At the midpoint of the proposed range, Kite Pharma would command a market value of $548 million.[11][12] On June 20, 2014, 7.5 million shares of Kite Pharma, priced at $17 a share began trading on the NASDAQ, indicating a market valuation of $632.4 million for the company.[13][14]
In March 2017, it was reported that Two River has participated in a $16.5 million Series A round of funding for Hubble.[15]
On October 11, 2018, Allogene Therapeutics raised $324 million in an initial public offering on the NASDAQ, listing under the ticker "ALLO".[16][17]
Two River was founded in September 2004 by partners Joshua Kazam, Peter Kash, David Tanen, and Benjamin Bernstein. Dr.
Arie Belldegrun joined the firm in 2008 as its
Chairman and Partner.[3]
Breakthrough Properties - a life science real estate development company
Hubble - a brand of contact lenses sold directly to consumers through an e-commerce, subscription-only model.
Kronos Bio - a research and development of therapies that modulate historically recalcitrant cancer targets.
Neogene Therapeutics - a biomedical company developing T cell therapies that target mutated proteins (neo-antigens) in cancer.
UroGen Pharma - a clinical-stage pharmaceutical company developing therapies with a focus on euro-oncology.
Past holdings:
Arno Therapeutics - a clinical-stage bio-pharmaceutical company that is developing products for the treatment of cancer.
Capricor Therapeutics - a clinical stage biotechnology company developing biological therapies for cardiac and other serious medical conditions.
Cell Design Labs (acquired by
Gilead Sciences) - a private bio-therapeutics company
Edgemont Pharmaceuticals - a privately held pharmaceutical company in the field of neuroscience.
Kite Pharma (acquired by Gilead Sciences) - ac linical-stage biopharmaceutical company focused on developing engineered autologous cell therapy products for the treatment of cancer.
Sienna Biopharmaceuticals - discovery, clinical development and commercialization of products in dermatology and aesthetics
Velcera (acquired by
Perrigo) - develops pet medicines in pain management, anti-allergy and parasiticides
Veterinary Prime - pet nutrition products for dogs and cats, sold through veterinarians.
In October 2013, Arno Therapeutics completed a $30.7 million financing of equity.[6]
In November 2013, Nile Therapeutics completed a
merger with Capricor to form Capricor Therapeutics. Capricor has become a wholly owned
subsidiary of the Nile.[7]
In February 2014, Velcera was acquired by Perrigo for $160 million.[8]
In April 2014, Kite Pharma completed a $50 million
mezzanineprivate financing of
convertible notes,[9] and in May, the company filed a registration with the
SEC for an
IPO of its
common stock, with a proposed maximum offering price of $115 million. The company listed on the
NASDAQ Global Market under the symbol "KITE."[10] The company planned to raise $78 million by offering 6 million shares at a price range of $12.00 to $14.00. At the midpoint of the proposed range, Kite Pharma would command a market value of $548 million.[11][12] On June 20, 2014, 7.5 million shares of Kite Pharma, priced at $17 a share began trading on the NASDAQ, indicating a market valuation of $632.4 million for the company.[13][14]
In March 2017, it was reported that Two River has participated in a $16.5 million Series A round of funding for Hubble.[15]
On October 11, 2018, Allogene Therapeutics raised $324 million in an initial public offering on the NASDAQ, listing under the ticker "ALLO".[16][17]